Industrial output refers to the total production of goods and services by industries within a specific period. It includes various sectors such as manufacturing, mining, and utilities. This measure is crucial for understanding the economic health of a country, as it reflects the level of industrial activity and productivity. Changes in industrial output can indicate trends in economic growth or contraction. For example, an increase in output may suggest rising demand for products, while a decrease could signal economic challenges. Policymakers and economists closely monitor this data to make informed decisions regarding the economy and related sectors like employment and trade.